Cointime

Royal

company

About

Royal is a developer of an NFT-based music platform used to allow buy ownership in songs.

  • 11 - 50

Highlights

Total Funding Amount
$71M
Funding Rounds
2
Investors
1

Details

Last Funding Type
Series A
Last Funding Money Raised
$55M
Industries
Internet,Media and Entertainment,Music
Founded date
Jan 1, 2021
Number Of Employee
11 - 50
Operating Status
Active

Royal is a developer of an NFT-based music platform used to allow buy ownership in songs. It also allows artists to create their music and convert it to non-fungible tokens (NFT) and sell them by using limited digital assets (LDA) technology that enables fans to invest in artists and earn royalties alongside them.

The company was founded in 2021 and is headquartered in Austin, Texas.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$71M
Royal has raised a total of $71M in funding over 2 rounds. Their latest funding was raised on Nov 22, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 22, 2021 Series A $55M 1 — — Detail
Aug 26, 2021 Seed $16M 1 Paradigm — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Royal is funded by 1 investors. Paradigm are the most recent investors.
Investor Name Lead Investor Funding Round
Paradigm — Series A
Cointime
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